ITR Filing Update: Last date has passed but ITR could not be filled then you can file under this system

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ITR Filing Update: Last date has passed but ITR could not be filled then you can file under this system
ITR Filing Update: Last date has passed but ITR could not be filled then you can file under this system

ITR Login: If people had filed ITR by the due date 31 July 2023, then they would not have to pay any extra fees. However, now if a person files income tax return from August 1, 2023, then he will be able to file income tax return till December 31, 2023.

ITR Filing: The last date for filing income tax return has passed. Salaried people had to file ITR by 31 July 2023. The date of July 31 was fixed for the people by the government. However, many people have not filed income tax return by the due date. In such a situation, people still have a chance to file ITR and people can file income tax return. Let’s know about it…

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income tax return

If people had filed ITR by the due date 31 July 2023, then they would not have to pay any extra fees. However, now if a person files income tax return from August 1, 2023, then he will be able to file income tax return till December 31, 2023. However, for this, that person may also have to pay late fees.

Tax regime

Salaried people whose income is taxable can now disclose their income for the financial year 2022-23 by paying the late fee by December 31. At present, there are two income tax regimes. One of these is the New Tax Regime and one is the Old Tax Regime. People can choose any of these regimes to file ITR according to their income and preferences.

late fee

On the other hand, those who will file income tax return by December 31, 2023, will have to pay late fees according to their income. If people’s income is not taxable then they will not have to pay late fees. On the other hand, if people’s income is taxable but less than 5 lakhs, then they will have to pay a late fee of Rs 1000. Apart from this, if the income of people is more than 5 lakh rupees annually, then such people will have to pay 5000 rupees at the time of late fees.

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